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INTERIM FINANCIAL INFORMATION (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of interim financial information
Our quarterly results attributable to Masco Corporation were as follows:
 
 
 
Quarters Ended
 
 
 
(In Millions, Except Per Common Share Data)
 
Total
Year
 
December 31
 
September 30
 
June 30
 
March 31
2017
 

 
 

 
 

 
 

 
 

Net sales
$
7,644

 
$
1,874

 
$
1,936

 
$
2,057

 
$
1,777

Gross profit
$
2,611

 
$
616

 
$
650

 
$
737

 
$
608

Net income
$
533

 
$
87

 
$
148

 
$
158

 
$
140

Earnings per common share:
 
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
 
Net income
$
1.68

 
$
0.28

 
$
0.47

 
$
0.50

 
$
0.44

Diluted:
 
 
 
 
 
 
 
 
 
Net income
$
1.66

 
$
0.27

 
$
0.46

 
$
0.49

 
$
0.43

2016
 
 
 
 
 
 
 
 
 
Net sales
$
7,357

 
$
1,759

 
$
1,877

 
$
2,001

 
$
1,720

Gross profit
$
2,456

 
$
573

 
$
614

 
$
700

 
$
569

Net income
$
491

 
$
98

 
$
134

 
$
150

 
$
109

Earnings per common share:
 
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
 
Net income
$
1.49

 
$
0.30

 
$
0.41

 
$
0.45

 
$
0.33

Diluted:
 

 


 


 


 


Net income
$
1.47

 
$
0.30

 
$
0.40

 
$
0.45

 
$
0.32